New Risk • Jun 10
New major risk - Market cap size The company's market capitalization is less than US$10m. Market cap: ₪29.0m (US$9.74m) This is considered a major risk. Companies with a small market capitalization are most likely businesses that have not yet released a product to market or are simply a very small company without a wide reach. Either way, risk is elevated with these companies because there is a chance the product may not come to fruition or the company's addressable market or demand may not be as large as expected. In addition, if the company's size is the main factor, it is less likely to have many investors and analysts following it and scrutinizing its performance and outlook. Currently, the following risks have been identified for the company: Major Risks Less than 1 year of cash runway based on free cash flow trend (-US$7.7m free cash flow). Share price has been highly volatile over the past 3 months (28% average weekly change). Earnings have declined by 7.5% per year over the past 5 years. Market cap is less than US$10m (₪29.0m market cap, or US$9.74m). Reported Earnings • Apr 17
Full year 2025 earnings released: US$0.32 loss per share (vs US$0.65 loss in FY 2024) Full year 2025 results: US$0.32 loss per share (improved from US$0.65 loss in FY 2024). Revenue: US$5.49m (up 12% from FY 2024). Net loss: US$9.70m (loss narrowed 40% from FY 2024). Over the last 3 years on average, earnings per share has increased by 8% per year but the company’s share price has fallen by 43% per year, which means it is significantly lagging earnings. New Risk • Mar 12
New minor risk - Financial data availability The company's latest financial reports are more than 6 months old. Last reported fiscal period ended June 2025. This is considered a minor risk. If the company has not reported its earnings on time, it may have been delayed due to audit problems or it may be finding it difficult to reconcile its accounts. Currently, the following risks have been identified for the company: Major Risks Less than 1 year of cash runway based on free cash flow trend (-US$7.3m free cash flow). Share price has been highly volatile over the past 3 months (23% average weekly change). Earnings have declined by 14% per year over the past 5 years. Shareholders have been substantially diluted in the past year (33% increase in shares outstanding). Market cap is less than US$10m (₪27.1m market cap, or US$8.71m). Minor Risk Latest financial reports are more than 6 months old (reported June 2025 fiscal period end). Announcement • Jun 12
Massivit 3D Printing Technologies Ltd, Annual General Meeting, Jul 16, 2025 Massivit 3D Printing Technologies Ltd, Annual General Meeting, Jul 16, 2025. Location: company offices, Israel New Risk • Jun 05
New major risk - Shareholder dilution The company's shareholders have been substantially diluted in the past year. Increase in shares outstanding: 33% This is considered a major risk. Shareholder dilution occurs when there is an increase in the number of shares on issue that is not proportionally distributed between all shareholders. Often due to the company raising equity capital or some options being converted into stock. All else being equal, if there are more shares outstanding then each existing share will be entitled to a lower proportion of the company's total earnings, thus reducing earnings per share (EPS). While dilution might not always result in lower EPS (like if the company is using the capital to fund an EPS accretive acquisition) in a lot cases it does, along with lower dividends per share and less voting power at shareholder meetings. Currently, the following risks have been identified for the company: Major Risks Less than 1 year of cash runway based on free cash flow trend (-US$11m free cash flow). Share price has been highly volatile over the past 3 months (9.0% average weekly change). Earnings have declined by 16% per year over the past 5 years. Shareholders have been substantially diluted in the past year (33% increase in shares outstanding). Market cap is less than US$10m (₪31.4m market cap, or US$9.00m). Minor Risk Revenue is less than US$5m (US$4.9m revenue). Reported Earnings • Apr 03
Full year 2024 earnings released: US$0.65 loss per share (vs US$0.44 loss in FY 2023) Full year 2024 results: US$0.65 loss per share (further deteriorated from US$0.44 loss in FY 2023). Revenue: US$4.89m (down 67% from FY 2023). Net loss: US$16.2m (loss widened 66% from FY 2023). Over the last 3 years on average, earnings per share has increased by 5% per year but the company’s share price has fallen by 58% per year, which means it is significantly lagging earnings. New Risk • Mar 09
New minor risk - Financial data availability The company's latest financial reports are more than 6 months old. Last reported fiscal period ended June 2024. This is considered a minor risk. If the company has not reported its earnings on time, it may have been delayed due to audit problems or it may be finding it difficult to reconcile its accounts. Currently, the following risks have been identified for the company: Major Risks Less than 1 year of cash runway based on free cash flow trend (-US$14m free cash flow). Share price has been highly volatile over the past 3 months (8.7% average weekly change). Earnings have declined by 16% per year over the past 5 years. Market cap is less than US$10m (₪27.9m market cap, or US$7.70m). Minor Risk Latest financial reports are more than 6 months old (reported June 2024 fiscal period end). New Risk • Sep 09
New major risk - Market cap size The company's market capitalization is less than US$10m. Market cap: ₪36.0m (US$9.59m) This is considered a major risk. Companies with a small market capitalization are most likely businesses that have not yet released a product to market or are simply a very small company without a wide reach. Either way, risk is elevated with these companies because there is a chance the product may not come to fruition or the company's addressable market or demand may not be as large as expected. In addition, if the company's size is the main factor, it is less likely to have many investors and analysts following it and scrutinizing its performance and outlook. Currently, the following risks have been identified for the company: Major Risks Less than 1 year of cash runway based on free cash flow trend (-US$14m free cash flow). Share price has been highly volatile over the past 3 months (8.0% average weekly change). Earnings have declined by 16% per year over the past 5 years. Market cap is less than US$10m (₪36.0m market cap, or US$9.59m). Minor Risk Shareholders have been diluted in the past year (16% increase in shares outstanding). New Risk • Aug 24
New major risk - Financial position The company has less than a year of cash runway based on its current free cash flow trend. Free cash flow: -US$14m This is considered a major risk. With less than a year's worth of cash, the company will need to raise capital or take on debt unless its cash flows improve. This would dilute existing shareholders or increase balance sheet risk. Currently, the following risks have been identified for the company: Major Risks Less than 1 year of cash runway based on free cash flow trend (-US$14m free cash flow). Share price has been highly volatile over the past 3 months (8.4% average weekly change). Earnings have declined by 16% per year over the past 5 years. Minor Risks Shareholders have been diluted in the past year (16% increase in shares outstanding). Market cap is less than US$100m (₪44.3m market cap, or US$12.0m). Announcement • May 09
Massivit 3D Printing Technologies Announces the Launch of the New Massivit 3000 Large-Format 3D Printer Massivit 3D Printing Technologies has announced the launch of the new Massivit 3000 large-format 3D printer. The printer will be unveiled at the prestigious drupa tradeshow - the largest international printing industry exhibition that will take place in Dusseldorf, Germany on May 28th to June 7th, 2024. The launch of the Massivit 3000 brings to market a more affordable 3D-printing solution for businesses seeking to leverage high-speed, large-format production capabilities without putting a strain on their finances. The new printer enables a wide range of companies to increase their profit margins and gain a competitive edge by expanding their creative output. The Massivit 3000 will empower print service providers, event fabricators, and prop makers to expand their offering by providing giant, captivating displays for marketing, retail and advertising campaigns as well as entertainment activations. The new printer enables ultra high-speed production of unique 3D window displays, dimensional billboards, custom channel letters, 2D/3D combined point-of-purchase displays, interactive event props, theme park scenery, and molds for thermoforming. Its unique print volume of ~1.2 x 1.5 x 1.8m (4 x 5 x 6ft) empowers operators to produce giant displays in a single print, thereby significantly cutting down on production time. In addition to its wide range of creative applications, the Massivit 3000 is built on the same trusted Gel Dispensing Printing (GDP) technology that has been adopted in 40 countries to date, delivering exceptional value and performance. It is also designed with user-friendliness in mind, offering an intuitive interface. The new printer will be introduced at Massivit's drupa booth (Hall 9, Booth A08) alongside the company's 10000-G system - the most advanced of its industrial 3D printers. Live demonstrations of the printers will be running throughout the event. An array of 3D-printed displays and models will be on show as well as a range of purpose-designed printing materials for retail and entertainment environments including a flame-retardant material compliant with the ASTM E84 standard. Reported Earnings • Mar 31
Full year 2023 earnings released: US$0.44 loss per share (vs US$0.67 loss in FY 2022) Full year 2023 results: US$0.44 loss per share (improved from US$0.67 loss in FY 2022). Revenue: US$15.0m (up 23% from FY 2022). Net loss: US$9.75m (loss narrowed 33% from FY 2022). Over the last 3 years on average, earnings per share has fallen by 2% per year but the company’s share price has fallen by 40% per year, which means it is performing significantly worse than earnings. New Risk • Mar 14
New minor risk - Financial data availability The company's latest financial reports are more than 6 months old. Last reported fiscal period ended June 2023. This is considered a minor risk. If the company has not reported its earnings on time, it may have been delayed due to audit problems or it may be finding it difficult to reconcile its accounts. Currently, the following risks have been identified for the company: Major Risk Earnings have declined by 22% per year over the past 5 years. Minor Risks Latest financial reports are more than 6 months old (reported June 2023 fiscal period end). Share price has been volatile over the past 3 months (6.2% average weekly change). Shareholders have been diluted in the past year (16% increase in shares outstanding). Market cap is less than US$100m (₪156.9m market cap, or US$43.2m). New Risk • Feb 29
New minor risk - Share price stability The company's share price has been volatile over the past 3 months. It is more volatile than 75% of Israeli stocks, typically moving 5.9% a week. This is considered a minor risk. Share price volatility indicates the stock is highly sensitive to market conditions or economic conditions rather than being sensitive to its own business performance, which may also be inconsistent. It also increases the risk of potential losses in the short term as the stock tends to have larger drops in price more frequently than other stocks. Currently, the following risks have been identified for the company: Major Risk Earnings have declined by 22% per year over the past 5 years. Minor Risks Share price has been volatile over the past 3 months (5.9% average weekly change). Shareholders have been diluted in the past year (16% increase in shares outstanding). Market cap is less than US$100m (₪149.3m market cap, or US$41.6m). New Risk • Feb 18
New minor risk - Shareholder dilution The company's shareholders have been diluted in the past year. Increase in shares outstanding: 16% This is considered a minor risk. Shareholder dilution occurs when there is an increase in the number of shares on issue that is not proportionally distributed between all shareholders. Often due to the company raising equity capital or some options being converted into stock. All else being equal, if there are more shares outstanding then each existing share will be entitled to a lower proportion of the company's total earnings, thus reducing earnings per share (EPS). While dilution might not always result in lower EPS (like if the company is using the capital to fund an EPS accretive acquisition) in a lot cases it does, along with lower dividends per share and less voting power at shareholder meetings. Currently, the following risks have been identified for the company: Major Risk Earnings have declined by 22% per year over the past 5 years. Minor Risks Shareholders have been diluted in the past year (16% increase in shares outstanding). Market cap is less than US$100m (₪133.1m market cap, or US$36.9m). Announcement • Dec 04
Massivit 3D Printing Technologies Ltd, Annual General Meeting, Jan 08, 2024 Massivit 3D Printing Technologies Ltd, Annual General Meeting, Jan 08, 2024, at 17:30 Israel Standard Time. Announcement • Oct 26
Massivit to Showcase the 10000-G's Automation for Composites Manufacturing At Camx 2023 - USA's Largest Composites Expo Massivit 3D Printing Technologies has announced that the company will present its Massivit 10000-G additive manufacturing system at the CAMX 2023 tradeshow on October 30th - November 2nd. Event attendees will discover how composites manufacturing bottlenecks can be overcome by using Massivit's advanced additive manufacturing technology, already adopted in multiple industries including automotive, marine, and consumer products. The 10000-G will be showcased via live demonstrations throughout the CAMX show, as well as a range of printed production parts and molds on display. The Massivit 10000 product line shifts the paradigm for composites manufacturing, enabling high-speed, direct printing and casting of industrial components for a range of composite applications. It allows mold fabricators to reduce their production time by 80% by directly printing an industrial epoxy mold, thereby bypassing the need for a master tool. This additive technology decreases labor-associated costs by up to 90% and significantly reduces material waste associated with current machining methods. CAMX visitors will learn about a range of available industrial tooling applications including open and closed molds, resin transfer molds (RTM), reaction injection molds (RIM), tooling for thermoforming, and more. The latest Massivit 10000-G additive system combines these custom tooling benefits with a full range of custom manufacturing applications that were until now available with Massivit's Gel Dispensing Printing (GDP) product line. GDP supports 8 specialized printing materials offering flame retardancy, high impact resistance, and additional industry requirements. Custom-designed, full-scale railway and marine components can be printed within a matter of hours, saving manufacturers enormous time, costs, and material waste. Based on the company's disruptive Cast In Motion technology, the Massivit 10000 product line has accrued a string of industry awards and accolades including the 2021ACMA ACE Award, the 2022IBEX Innovation Award for boatbuilding, and selection as a Finalist for the upcoming 2023 ACE Award at CAMX 2023. On October 30th, CAMX will join Massivit in hosting an Industry Tour of the Massivit Americas Experience Center from 8AM-1PM, offering a first-hand exploration of Massivit's industrial 3D printers, exposure to customer case studies, and an in depth exploration of the key technologies behind the printers. Complimentary transport from the CAMX venue as well as catering is available for this Alpharetta-based event. Reported Earnings • Apr 01
Full year 2022 earnings released: US$0.67 loss per share (vs US$0.56 loss in FY 2021) Full year 2022 results: US$0.67 loss per share (further deteriorated from US$0.56 loss in FY 2021). Revenue: US$12.2m (up 43% from FY 2021). Net loss: US$14.5m (loss widened 27% from FY 2021). Board Change • Nov 16
No independent directors Following the recent departure of a director, there are no independent directors on the board. The company's board is composed of: No independent directors. 3 non-independent directors. Director Dorit Ben simon was the last director to join the board, commencing their role in 2021. The company's lack of independent directors is a risk according to the Simply Wall St Risk Model. Board Change • Apr 27
No independent directors No new directors have joined the board in the last 3 years. The company's board is composed of: No new directors. 5 experienced directors. No highly experienced directors. No independent directors (5 non-independent directors). Director Boaz Vinogradov was the last director to join the board, commencing their role in 2018. The following issues are considered to be risks according to the Simply Wall St Risk Model: Lack of independent directors. Insufficient board refreshment. Reported Earnings • Mar 28
Full year 2021 earnings released: US$0.56 loss per share (vs US$0.41 loss in FY 2020) Full year 2021 results: US$0.56 loss per share (down from US$0.41 loss in FY 2020). Revenue: US$8.49m (up 107% from FY 2020). Net loss: US$11.4m (loss widened 109% from FY 2020). 